How to buy some coins without contracts?

When there is no contract for a certain currency, it can be purchased in the following two ways: 1. Through an over-the-counter (OTC) platform (such as OTCBTC, LocalBitcoins, Binance P2P), the buyer and seller negotiate the transaction terms privately; 2. Directly from other holders Coin users purchase, but they need to pay attention to verify the identity and credibility of the other party.

How to buy coins without contracts?

When a certain currency does not have a contract, it cannot be purchased through contract trading. The following two methods can be used:

1. Over-the-counter (OTC) platform

The OTC trading platform is for privately buying and selling cryptocurrencies. The platform allows buyers and sellers to directly negotiate prices and transaction terms without going through an exchange. Well-known OTC platforms include:

• OTCBTC
• LocalBitcoins
• Binance P2P

2. Contact currency holders to buy directly

You can find currency holders who are willing to sell the currency through forums, social media and other channels. and negotiate transaction terms directly. This method requires careful selection of counterparties to avoid fraud.

Steps:

1. Find a suitable OTC platform or currency holder.
2. Negotiate price and payment terms.
3. Complete payment and receive cryptocurrency.

Note:

• OTC trading usually has higher fees than exchanges.
• Direct purchase requires verification of the identity and creditworthiness of the counterparty.
• Coins without contracts have low liquidity, large price fluctuations, and certain risks.

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